GoPro (GPRO) Set to Announce Earnings on Thursday

GoPro (NASDAQ:GPRO) is scheduled to release its earnings data after the market closes on Thursday, November 7th. Analysts expect GoPro to post earnings of ($0.04) per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

GoPro (NASDAQ:GPRO) last released its quarterly earnings results on Tuesday, August 6th. The company reported ($0.24) EPS for the quarter, beating analysts’ consensus estimates of ($0.25) by $0.01. GoPro had a negative return on equity of 24.57% and a negative net margin of 42.19%. The company had revenue of $186.22 million during the quarter, compared to analysts’ expectations of $170.02 million. During the same period last year, the business posted ($0.13) earnings per share. The firm’s revenue was down 22.7% compared to the same quarter last year. On average, analysts expect GoPro to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

GoPro Trading Up 4.5 %

GoPro stock opened at $1.40 on Wednesday. The stock has a 50-day moving average of $1.31 and a two-hundred day moving average of $1.44. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.07 and a current ratio of 1.47. GoPro has a one year low of $1.16 and a one year high of $3.80. The stock has a market cap of $213.82 million, a PE ratio of -0.54 and a beta of 1.56.

Analyst Upgrades and Downgrades

GPRO has been the topic of a number of research reports. StockNews.com raised GoPro from a “sell” rating to a “hold” rating in a report on Friday, September 13th. Wedbush cut their price objective on GoPro from $2.00 to $1.50 and set a “neutral” rating on the stock in a report on Wednesday, August 7th.

GoPro Company Profile

GoPro, Inc develops and sells cameras, mountable and wearable accessories, and subscription services and software in the Americas, Europe, the Middle East, Africa, the Asia and Pacific region, and internationally. The company provides cloud connected HERO12 Black, HERO11 Black, HERO11 Black Mini, HERO10 Black, HERO10 Black Bones, and HERO9 Black waterproof cameras; MAX, a 360-degree waterproof camera; Premium and Premium+ subscription services, which include full access to the Quik app, cloud storage supporting source video and photo quality, camera replacement, and damage protection; Quik subscription that offers access to editing tools, which allows users to edit photos, videos, and create cinematic stories; and Quik desktop and mobile apps that enable users to get their favorite photos and videos with footage from any phone or camera.